J.P. Morgan Europe Ltd trading as Chase
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| Trading division | |
| ISIN | 🆔 |
| Industry | Banking |
| Founded 📆 | 2021 |
| Founder 👔 | |
| Headquarters 🏙️ | 25 Bank Street, , |
Area served 🗺️ | |
Key people | Sanoke Viswanathan |
| Services | Retail banking |
| Owner | JPMorgan Chase |
| Members | |
Number of employees | |
| Parent | J.P. Morgan Europe Limited |
| 🌐 Website | chase |
| 📇 Address | |
| 📞 telephone | |
Chase is a banking brand in the United Kingdom operating as a trading name of J.P. Morgan Europe Limited which is part of the JPMorgan Chase group.
History[edit]
JP Morgan Chace is a US-based multinational banking corporation that has had a presence in the UK since 1783, having mainly focused on commercial and investment banking and asset management. The company has provided the Post Office card account since 2006[1][2][3] and acquired investment bank Cazenove in 2010.[4] In January 2021, JP Morgan Chase announced that it was to enter the UK retail banking sector, under the Chase brand, later that year,[5] establishing its first non-US retail banking operation in its history.[6] JP Morgan Chase acquired London based online investment firm Nutmeg in June 2021.[7] JP Morgan Chase launched its first Chase branded products in the UK in late September 2021.[8]
Services[edit]
In September 2021, Chase launched its first products, an app-based current account with a linked savings account.[9][10] The current account launched with year long offer of 1% cash back on most transactions and the option to round up transactions to a linked savings account paying 5% interest.[11] The account allows customers to make and receive payments through the Faster Payments system but does not currently offer the option to pay direct debits, though this is planned for the future.[12] Chase plans to launch furtherer products in the next three to four years including, savings and investment accounts, personal lending and mortgage loans.[13]
See also[edit]
References[edit]
External links[edit]
This article "Chase (UK)" is from Wikipedia. The list of its authors can be seen in its historical and/or the page Edithistory:Chase (UK). Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.
- ↑ 3 February 2006 - The London Gazette Retrieved 2012-06-07
- ↑ Post Office Benefits and Pensions Retrieved 2012-06-07
- ↑ ICM Research December 2009 - financial services group - Beyond POCA: How to better meet the needs of consumers at the Post Office Retrieved 2012-06-07
- ↑ "J.P. Morgan Cazenove".
- ↑ https://www.jpmorganchase.com/news-stories/jpmorgan-chase-to-launch-digital-consumer-banking-in-the-uk
- ↑ https://www.ft.com/content/a2031a6f-827e-4e18-b81b-e607eb073988
- ↑ https://www.ftadviser.com/investments/2021/06/25/what-does-the-future-look-like-for-nutmeg-and-jpmorgan-chase/
- ↑ https://www.bloomberg.com/news/articles/2021-09-21/jpmorgan-joins-u-k-consumer-market-with-new-digital-bank
- ↑ https://www.theguardian.com/money/2021/sep/25/jp-morgan-launches-digital-only-chase-current-account-in-uk
- ↑ https://www.which.co.uk/news/2021/09/jp-morgan-chase-launches-new-uk-bank-account-is-it-any-good/
- ↑ https://www.chase.co.uk/
- ↑ https://www.chase.co.uk/gb/en/support/direct-debits/
- ↑ https://www.ft.com/content/a2031a6f-827e-4e18-b81b-e607eb073988
